Whether you own your own business or you’re just trying to track expenses as part of your job, the following 10 apps will help you scan, track, and manage your receipts.
- Scan Bank Statements Into Booking Keeping App Mac 2017
- Scan Bank Statements Into Booking Keeping App Mac Download
The criteria used to choose the best receipt scanning appsincluded ease-of-use, quality of scans, OCR functionality, and user reviews.
The best apps for scanning and managing receipts include:
- Expensify
- Smart Receipts
- Receipts by Wave for Business
- ABUKAI Expenses
- Genius Scanner
- Clear Scanner
- Tiny Scanner
- Office Lens
- Fitfin Budget App
- Zoho
Aug 30, 2008 after you scan a document, you basically have a picture of it. Just put your bank statements into the bin and forget about them. As for keeping payslips, there is NO NEED to do so, just throw them into the bin too. If your parents say its important then ask them to explain why. Login to reply the answers Post. Reconcile Your Transactions in One Place. Connect to any of +10,000 financial institutions and Neat will match receipts and invoices directly to your bank or credit card transactions. You can also connect to accounting systems you already use, like QuickBooks, making it easy to reconcile your books.
1. Expensify
Expensify is included on most lists of apps to scan and managereceipts, and that’s for good reason. It’s an award-winning app that does justabout everything you’d need in such an app.
Expensify lets you snap a picture of the receipt, and itwill process the receipt photo to pull out all the important details.
The value this app offers above others is that it saves timewhen you’re trying to save receipts. This is critical when you’re traveling anddon’t have a lot of time to deal with them. The ability to snap a photo and runis critical.
A few of the best features of Expensify includes:
- Includes a feature to track mileage
- Integrated with your phone’s GPS sensor
- Import credit card transactions
- Integrates with accounting software like QuickBooks or NetSuite
Download Expensify: For Android, For iOS
2. Smart Receipts
Smart Receipts is another receipt focused app that makescapturing and organizing your receipts very simple.
It essentially makes your mobile phone a receipt scanner inyour pocket. On top of that, it’ll save you time when you want to generate anexpense report, and even lets you track more mileage while you’re traveling forbusiness.
It basically helps you track everything that takes time totrack when you’re traveling for your job.
The best features of Smart Receipts include:
- Customize PDF, CSV, or ZIP format reports youcan export
- Free and open-source
- Take receipt photos or import from your photogallery
- Tag receipts you’ve captured with metadata tohelp you find them later
- Track your mileage during travel
- Sync your receipts and reports with Google Drive
- Has an OCR feature to recognize text from yourscans
Download Smart Receipts: For Android, For iOS
3. Receipts by Wave
Another app focused primarily on saving and managing yourreceipts is Receipts by Wave. This app is especially easy to use, and syncswith your free Wave account for cloud storage of all those receipts.
The nice thing about this is that it doesn’t matter if youlose your phone, you’ll always have access to your important travel records viathe web.
Some of the key features of Receipts by Wave include:
- One of the best OCR text recognitions of anyreceipt scanning app
- Wave’s cloud-based accounting software lets youincorporate receipts into reports
- Scan multiple receipts (up to 10) all at once.
- You don’t have to be online to scan and savereceipts
- Edit notes to go with scanned receipts
Download Receipts by Wave: For Android, For iOS
4. ABUKAI Expenses
Scan Bank Statements Into Booking Keeping App Mac 2017
Abukai is a surprisingly simple app that has one mainpurpose, and that is to manage all your expenses without much effort.
Saving your receipts is literally a two-step process withthis app. You just take a picture of the receipt or invoice while traveling andsubmit the receipt to save it to your phone. The app processes the receipt tothe expense report you’ve set up, which you can send to your email or any otheremail address.
The app has received numerous awards from big names likeNasdaq and PC Magazine. Most of the praise comes from the way Abukai automatesreport-generation for you. Reports can be exported in either Excel or PDFformat.
The free version includes 12 expense reports a year, whichmeans if you only need it to send a single report a month, you won’t have tospend a dime.
Download Abukai: For Android, For iOS
5. Genius Scan
It isn’t just receipt-scanning apps that’ll do the trickwhen it comes to scanning and managing your receipts. If you think about it,all you really need is an effective scanning app to do the job.
Genius Scan is one of the perfect apps for this. If you’relooking for the simplest app for scanning and storing your receipts while youtravel, this is it. The app lets you export those scans to any of your cloudstorage accounts via JPEG or PDF.
It integrates with Box, Dropbox, Evernote, and more.
Features of this impressive document scanning app include:
- Document detection and perspective fixing
- Scan several receipts at once.
- High-quality scans
- Tag receipts to make finding them much easier
- All receipts are immediately stored on the phonefor best security
Download Genius Scan: For Android, For iOS
6. Clear Scanner
Clear Scanner is one of those scanner apps that make aperfect receipt manager. That’s especially true with Clear Scanner because ofthe built-in OCR capability so that text from your receipts are recognized andimported as well.
You can use Clear Scanner while you’re traveling to quicklycapture receipts and save them as PDF documents or JPEG format that you canattach to your expense reports.
The app automatically detects the corners of the receipt soyou’re only saving the receipt itself and nothing else, which can save space inyour mobile device. You can also edit the photo before saving it to yourdevice.
The app also syncs with Dropbox, OneDrive, Google Drive,Evernote, and other cloud services so you can access your receipts from anywhere.
Download Clear Scanner: For Android, For iOS
7. Tiny Scanner
If simple is what you’re looking for, then you need look nofurther than Tiny Scanner. It essentially turns your mobile phone into aportable document scanner. It’s also lightweight, so it takes up hardly anystorage in your device. It saves all receipts (or other documents) as an imageor a PDF document.
Because it’s so lightweight, it’s also lightning fast.
Even though it’s just a document scanner, it’s also a greatway to organize receipts because it includes the ability to sort those scansinto multiple folders. You can share the scans via email, to any cloud accountslike Dropbox, Evernote, or Google Drive, or even over Wi-Fi directly to yourcomputer.
If the most important feature of a receipt scanneris lightweight and speed, then this is the app for you.
Download Tiny Scanner: For Android, For iOS
8. Office Lens
Office Lens is a mobile app offered for free from Microsoft.It’s a document scanner but is especially suited for receipt scanning.
The scanning part works exceptionally well, since OfficeLens automatically trims and enhances the document so the text on it is easy toread. You can then export the scans to any Office app like Word or PowerPoint,of you can just send the PDF to your email or your OneDrive account.
The nice thing about using the app like Office Lens is thatit isn’t just for receipts. You can use it to scan and store any document anduse those scans in the many other apps that it integrates with.
It doesn’t only help you scan and manage your receipts, butit’ll let you be much more productive with all the paper documents you dealwith.
Download Office Lens: For Android, For iOS
9. Fitfin Budget App
When most people think of receipt scanning apps, they thinkabout business and travel expenses. But the truth is one of the most commonuses for receipt scanning is family budget planning.
One of the easiest ways to keep a budget is trackingexpenses. And the easiest way to capture every expense is by storing everyreceipt from each purchase you make. This makes it easy to remember everexpense you’ve had when you’re updating your budget.
Fitfin is made specifically for this purpose. You can addbudget folders to the app, and capture receipts that apply specifically to thatarea of your budget.
The great thing about using this app for receipt scanning isthat it has the bonus of helping you create and keep to your budget.
Download Fitfin: For Android, For iOS
10. Zoho
No list of receipt scanner apps would be complete withoutZoho. Zoho is well known for offering cloud-based office apps like Email,Calendar, and more. But what many people don’t realize is that Zoho also offersa fantastic receipt-scanning mobile app.
This app offers access to all those Office apps. But mostimportantly, when you tap on Expense,you can quickly upload receipts by taking a snapshot of the receipt.
The Zoho app will perform OCR scanning on the receipt andfill out all the details into the expense form for you. This saves a lot oftime, and it lets you quickly apply those details to your expense trackingrecords.
Zoho is a highly functional app beyond the receipt scanningfeature, making it an easy choice if you want access to the full suite of Zohoproducts.
Download Zoho: For Android, For iOS
Using Receipt Scanning Apps
The ability to turn your receipts from paper to a digitalformat can make your expense tracking much simpler. And with most apps offeringthe feature to even automate sending those receipts to expense reports couldmake your business travel effortless.
Choosing the right receipt scanning app really depends onwhen you need to scan apps and how you need to use them. Try out a few of theseapps and see for yourself which one is right for you.
Does your small business keep you on the road? Keeping track of all your expenses and receipts when you’re on the go requires a little planning and help from great apps, like receipt scanners. By organizing and tracking your expenses, you can head into tax season equipped to claim all the tax deductions you qualify for.
Receipt scanning software programs simplify expense tracking for a variety of industries. Whether you need an easy, inexpensive way to manage your freelancing expenses or a robust mobile system to organize your sales and travel-related expenses, here’s a guide to receipt scanning, and the top receipt scanning apps on the market.
The Benefits of Receipt Scanner Apps
Smartphone receipt scanner apps let you snap photos of receipts and send that information directly to the cloud. There are multiple benefits to leveraging this secure, convenient and smart technology:
- Using mobile receipt scanning options makes things filing expenses easier for your remote workers, and workers who work offsite with clients.
- The best receipt scanners integrate seamlessly with your accounting software, helping you stay organized.
- Receipt scanners automatically make separate entries for all the itemized charges that appear on your receipts
- Receipt scanning software reduces the amount of storage space you need for your essential paperwork. Additionally, by storing your receipts digitally, you can access your documents in high resolution; should the CRA, colleagues, or your account have any questions.
The Best Receipt Scanners
Many receipt scanning apps can easily integrate with QuickBooks, giving you a comprehensive look at your financials in one glance.
There are numerous benefits of receipt scanners. The best receipt scanners can do the following:
- Extract data from accounts payable items, including invoices and receipts
- Classify accounts payable items
- Archive and organize your receipts for easy storage
- Have a dashboard that lets you manage multiple accounts
- Feature multiple submission methods
- Let you submit purchase invoices and expense claims
- Work with both Android and iOS
Here are the best receipt scanning apps for QuickBooks
QuickBooks Online
What if there was a safe and efficient way to file your expenses manually? Using optical character recognition (OCR) technology, the QuickBooks Receipt Scanner can scan and record the amount, date, and location of your transactions.
In addition to receipt scanning, the app can automatically import your bank statements, credit card, Square and PayPal transactions. It then sorts your transactions into tax categories.
Having your expenses categorized in advance will make tax season a breeze since the category lists in QuickBooks Self-Employed are identical to the list on the T2125 form. Alternatively, you can take control of how your expenses are organized by setting up custom organization rules.
Overall, the app’s interface is intuitive and lets you sort personal and business expenses in a second with a simple swipe. Using the app to track expenses can prevent you from leaving money on the table. On average, users of the QuickBooks Self-employed app have found $19,290 in annual savings*.
Veryfi
Veryfi offers easy-to-use receipt software that doesn’t fall short on features. Users may mail, scan, email, or upload their receipts for processing or dictate the information through their Apple Watch. Veryfi uses AI-powered technology to pull the necessary data from digital and analog files for accurate, automated data entry, and the company releases regular updates to keep its automated technology competitive.
You can choose from different Veryfi apps depending on your needs. The Core app handles your expenses and receipts, while the Logbook app offers hands-free travel tracking. Whereas the Timesheets app lets you track your employees’ time on various projects.
Nexonia Expenses
Nexonia allows you to track expenses in a cloud-based program for easy mobile receipt and expense uploading. You can customize the configuration and approval workflows to fit your company’s policies and rules for expense handling and link the app to your bank or credit card provider to upload statements and catalogue expenses automatically.
If you travel for work, you can integrate Google Maps with this app to track mileage, and you can sync the app with QuickBooks, so it notes all your expenses in your accounting records. The integration lets you sync your customers, items, accounts, jobs, and other details between the two systems for better automation and accuracy. You can also add the Nexonia Timesheets app to handle time management for easy reporting.
Minute7 Time & Expense Tracking
The receipt scanner Minute7 tracks both hours and expenses to help you manage your team efficiently. You or your employees can conveniently add expenses using the mobile app, and you never have to worry about your employees buying parts or supplies while on a job and forgetting to note the costs. Then, you can upload expenses and timesheets to QuickBooks with the tap of a button or export the raw data to a spreadsheet.
Expense management plays a huge part in your business’ success. When you track all your expenses, you can see where your money goes, ensure you don’t overspend, and make the right tax deductions when you file your return. To simplify your record keeping, use one of several expense-management apps that seamlessly integrate with QuickBooks.
AutoEntry
Avoid manually punching in your business expenses and spend time on more critical tasks with the AutoEntry app, which keeps office clutter at bay by storing your receipts and invoices. This app simplifies your data entry and keeps a digital record, so you can cut down on the volume of documents you keep.
AutoEntry lets you record expenses by taking a picture of the receipt with your mobile device, and it works with any document, including receipts, banking statements, and bills. You can also record expenses or, if they’re digital, email them.
After you record an expense, this app takes the data and prepares it for entry into QuickBooks, pending your approval, and you can save time by setting certain expenses to auto-approve. AutoEntry keeps a copy of the expense image that you can view at any time, which makes it easy to verify expenses during a tax audit.
BigTime
BigTime Time Tracking and Billing is a project and expense-management app. Whether you’re a freelancer logging your own hours, or you have employees logging the hours they work for you, BigTime makes it easy with its customizable timesheets. It takes seconds to log in and record hours using a mobile device. You can also log expenses and attach them to their corresponding projects, helping you keep track of project costs. When you finish a task for a client, you can submit your time using BigTime.
Hours and other project data logged in BigTime automatically sync to QuickBooks, and you can take any of your data, set up expense reports customized precisely how you want, and export them to Excel or convert them to PDF format.
Neat
The Neat family of products delivers solutions for businesses of all sizes. A leading provider of standalone receipt scanners, Neat makes it easy to scan your receipts from anywhere. You can also use the subscription-based mobile app to scan your receipts, whether you’re at the office or on the go. Neat’s advanced PC-based software does the rest.
Use this program to organize your receipts, business cards, and scanned documents into folders and subfolders, search their data by filters or keywords, and create a variety of reports and budgets.
Neat scanners and monthly service plans have various price points, and the service integrates with popular accounting programs, including QuickBooks.
Note: *Based on TY17 CA subscribers that have identified >$10k in income and >$0 in business expenses.
Scanning Your Receipts in a Timely Manner
It’s easy to let daily paperwork accumulate when you run a small business, but everything runs better when you stay on top of scanning and tracking your invoices and receipts. When you take time each week to attend to basic bookkeeping tasks, you have a more accurate view of your cash flow, and it’s easier to pay all your bills and expenses on time.
To do this, you might find it easiest to collect daily expense receipts, customer invoices, and bills from merchants in a bin throughout the week, and then take a few minutes to enter the transactions before the weekend. Consider that you also need to schedule time to pay bills, follow up on customer invoices, and review your cash flow.
Saving Your Scanned Receipts
Once you convert your records to an electronic format, your next task is finding a way to organize them. If you only have a few documents, you can easily scan them and organize the files in folders. For example, you could have a folder for all business expenses from a certain year, a folder related to GST information, and so on. Alternatively, apps and programs can help organize your documents.
Submitting Your Saved Receipts as Records
If the CRA needs more information on your tax return, you can submit the records electronically using My Account, My Business Account or Represent a Client. Just hit Submit Documents and follow the prompts. The CRA performs most audits on-site at your place of business, so if you get audited, you can show or print electronic documents as requested.
Why Successful Business Owners Use Receipt Scanner Apps
When you run a small business, you’re always looking for ways to save time and simplify your record-keeping procedures. The best receipt scanners integrate seamlessly with your accounting software, helping you stay organized.
Scan Bank Statements Into Booking Keeping App Mac Download
With that in mind, consider using the QuickBooks Mobile accounting app, which allows freelancers, contractors, and sole proprietors track and manage their businesses on the go. Cloud services like QuickBooks offer impressive security and convenience benefits over traditional methods. Try QuickBooks today.